📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Finally, there are two problems with the development process of this wave of market. The first height is not ideal, and there is no big pullback in the middle of the second. The final result was that ETH perfectly reached the point of 2050-2150, while Bitcoin did not reach the ideal point of 40000.
Why is that?
Here's why:
Bitcoin has a huge traditional financial whale entering, and the volume is probably more than 10 billion US dollars! This is judged by the volatile trend of BTC and the net trading volume in the past month.
Of course, the whale is optimistic about the trend in the next two years, whether it should fall or fall in the next two months, and the decline can continue to enter the market to collect chips.
Then the result is very simple, as long as it falls to a certain range, they will collect their chips, and once there is a pull, they will suppress it.
There is also a trend to pay special attention to: even if the possibility is very small, go straight to 48000 to rise, and then start a pullback at 48000, then this will show that there are large funds that are optimistic about BTC for a long time and are not willing to wait.
Therefore, whether you are long or short, you should bring a good stop loss, and there are any possibilities in the market.